Four Easy Steps For Gold Loan
A gold loan or a loan against gold is a secured loan which customers can avail from S Lunawat Jewellers Pvt Ltd in lieu of gold ornaments like gold jewellery. It is the easiest way to fulfil your financial needs and proves to be a sensible alternative to availing loans from banking channels.
Raise a request and schedule a visit
Lunawat Jewellers officer will accompany you to our partner bank
KYC and gold assessment
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Instant loan disbursal
Our Trusted Banking Partners
OUR PROMISES
- 1. To further bring down rate of interest in Gold Loan segment
- 2. To bring more innovative schemes to suit different customer needs.
- 3. To sell bespoke gold ornaments with minimum making charges (Sister Concern).
- 4. To create and cultivate long term relationship with clients
- 5. To achieve complete customer satisfaction. At the same time employee satisfaction is also important.
- 6. To improve our services continuously.
About-us
Shantilal K Lunawat and Shailesh S Lunawat are the two promoters of S Lunawat Finance Pvt Ltd (SLF) which received NBFC certicate from RBI on 17th Jan 2017. We have the honour to be the first gold loan NBFC from North Maharashtra region. The company has started its operation from 1st Feb 2017. As of now, the company has two branches with further expansion on cards.
Our Founder, Mr Shantilal Lunawat had worked in banking industry for nearly 25 years till year 1994. After that he started our gold jewellery business in the year 1994 under the name “S Lunawat Jewellers Pvt Ltd” and has become a reputed brand in the region for gold and silver jewellery. Simultaneously, he was operating a gold pawning business since 1994, which we converted into NBFC in year 2017.
Shailesh Lunawat, after doing his engineering from a reputed engineering college, has worked for 4 years in software industry. He has more than 20 years of experience in gold loan business and gold/silver retailing with sound technical knowledge.
Our Expertise & strong points
"Mutual Satisfaction is important to us”
Instant gold valuation
competitive rate of interest
Branches open 7 days of the week
Higher Loan-to Value ratio
Different schemes to customers
No document charges
FAQs
What is a Gold Loan ?
- Gold loan, also called loan against gold, is a secured loan taken by a borrower by pledging their gold articles (within a range of 18-24 carats) as collateral.
- The loan amount provided is a certain percentage of the gold, typically up to 75%, based on current market value and quality of gold.
What are the benefits of taking gold loans from S Lunawat Finance Pvt Ltd?
- Instant loan across the table.
- Attractive interest rates.
- Multiple payment options and tenures.
- Simple & easy documentation.
- Wide range of products.
- Complete safety of gold deposit.
- Get personal assistance.
Who is eligible to avail a gold loan?
- Indian resident and citizen.
- 18 to 70 years of age.
Is CIBIL required?
No. Gold Loans require you to provide gold as collateral, which is a liquid tangible asset. Even if you have a low credit score, banks are likely to give you a loan because your gold acts as a security and shields them from the risk of default.
What are the documents required for a gold loan?
- Passport size photograph.
- ID Proof - Driving License / PAN Card / Form 60/61 / Passport Copy / Voter ID Card / Aadhaar Card / Ration Card. (Any one document needs to be submitted).
- Address Proof - Driving License / Voter ID Card / Ration Card / Aadhaar Card / Passport Copy / Registered Lease Agreement with utility bills in the name of landlord (not older than 3 months).
- Proof of land holding in case of agriculture loan.